According to the public record, 2, Wansbeck Close, Morpeth is a mid-century leasehold house with 861 ft2 of internal area and sits on a 206 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wansbeck Close, Ellington, Morpeth, NE61 is located within the NE61 postal district.
2, Wansbeck Close, Morpeth has 2 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated December 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Wansbeck Close Morpeth as £165,954 and the rental value as £926 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Wansbeck Close Morpeth has increased by £2,738 (1.6%) and its rental value has increased by £84 per month (9.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Wansbeck Close, Morpeth is in very good condition we estimate a sale value of £174,252 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,337 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £165,954, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £816 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Wansbeck Close, Morpeth sits on a plot of 206m2.
We have plot size data on 17 out of 21 other houses in the postcode and 2, Wansbeck Close, Morpeth sits on the 15th largest plot.
According to HM Land Registry, 2, Wansbeck Close, Morpeth was last sold on 15 May 2015 for £137,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 34.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wansbeck Close, Morpeth within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 26, Bowmont, Morpeth, NE61 5LT, a Leasehold house which sold for £100,000 in Oct 2022.
Read more about house prices in NE61.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wansbeck Close, Ellington, Morpeth, NE61 has a total of 21 addresses. According to our analysis of all the public data, 2, Wansbeck Close, Morpeth is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in NE61.
2, Wansbeck Close, Morpeth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Dec 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 2, Wansbeck Close, Morpeth is Widdrington station which is 4.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Wansbeck Close, Morpeth, 56.4% of property is privately owned outright and 30.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Wansbeck Close, Morpeth, 13.1% of residents are recorded as possessing school level qualifications and 27.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Wansbeck Close, Morpeth, the average age was 45 and the most common age was 62.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Wansbeck Close, Morpeth, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Wansbeck Close, Morpeth, there are an average of 1.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.